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., steve forbes. then washington from afar with california governor jerry brown. >> the washington of today is suffering and experiencing a governability crisis. >> and the week seen through the prism of 2012 politics with former obama adviser aknee that dunn and former republican congress tom davis. plus, retired admiral mike mcconnell on the looming dangers of international cyber attacks. i'm candy crowley, and this is "state of the union." a better than expected jobs report was the only upbeat economic note this week, and it was pushed off the front pages when one of the three big credit ratings, standard & poor's, downgraded the u.s. government's credit rating, the first time that's ever happened. >> it's a matter of the medium and long-term budget position of the united states that needs to be brought under control, not the immediate fiscal position, it's the one that centers on entitlements and its entitlement reform or having the matching revenues to pay for those entitlements. that's at the cr
., steve forbes. then washington from afar with california governor jerry brown. >> the washington of today is suffering and experiencing a governability crisis. >> and the week seen through the prism of 2012 politics with former obama adviser aknee that dunn and former republican congress tom davis. plus, retired admiral mike mcconnell on the looming dangers of international cyber attacks. i'm candy crowley, and this is "state of the union." a better than expected jobs...
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the s&p downgrade, you will talk about this with steve forbes, right? >> yes, with steve foernz, as you know is ahead of forbes inc., and we will talk to larry summers who used to be the top economic adviser for president obama, and ask them what it all means. over the weekend i spoke to a couple of folks at the white house and they are angry at s&p. i mean, it is -- it's quite obvious. they think in the administration that s&p did this to make a name for itself, to get itself in the headlines. you hear terms like getting their 15 minutes of fame. it's a vanity walk. we will bring these two guys in and say what does it mean, and what do you think is behind it. what does it mean to you and me and the markets, and that kind of thing. we also talked to california governor, jerry brown, because he has a state hard to wrestle to the ground, and we'll get his perspective on washington that is really interesting, and we will talk about the cyber space attacks and the idea that you china, perhaps, has been hacking into u.s. government systems as well as into th
the s&p downgrade, you will talk about this with steve forbes, right? >> yes, with steve foernz, as you know is ahead of forbes inc., and we will talk to larry summers who used to be the top economic adviser for president obama, and ask them what it all means. over the weekend i spoke to a couple of folks at the white house and they are angry at s&p. i mean, it is -- it's quite obvious. they think in the administration that s&p did this to make a name for itself, to get itself...
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i don't know what old days, he is talk about i would ask steve perry. >> hold on let's let steve weigh in here. hold on. >> pete is dead right. one of the ways in which we get the most out of our children is to build a personal relationship with them. personal does not mean inappropriate. what are you folks thinking? simply because off personal relationship with a child doesn't mean you have an inappropriate relationship that is one of the ways we get children to be inspired. we look at the three rs, relationships, requiring and relevance when we talk about teaching. as pete said, his mom and any good teacher has great personal relationships that carry on through their life. many of us as educators are invited to weddings and whatever else is going on in these children's lives, those are personal relationships. i don't know what old days, what place this gentleman is talk about but here, what i see is that we want our teachers to engage children in a meaningful, appropriate way. it is not technology. >> let's give paul the final word here. paul? >> alls i -- i'm getting slammed here. a
i don't know what old days, he is talk about i would ask steve perry. >> hold on let's let steve weigh in here. hold on. >> pete is dead right. one of the ways in which we get the most out of our children is to build a personal relationship with them. personal does not mean inappropriate. what are you folks thinking? simply because off personal relationship with a child doesn't mean you have an inappropriate relationship that is one of the ways we get children to be inspired. we...
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steve martin, loren michaels. is he as fun at a private dinner peter as i would hope he is? >> yes. he has moment where is he's kind of nutty then super intelligence and then funny. it was the full package. it was definitely a pinch myself moment. >> did you give him a lap dance? >> yes. and he gave me one and then it was 3:00 in the morning. >> jack nicholson last night, me tonight. >> you're in good company. >> bit of a brazen hussy, aren't you? >> yes. we were discussing in the world of social media what kind of photo could get out there that would get you in trouble. in my case, there's no such thing. there's nothing i could say that wouldn't frankly help my business. there's no photo that could be out there, i could be doing anything inappropriate with you or anyone you know and it would only boost sales. >> but you already have done. you've been seen on this show tonight lap dancing me. and straddling the desk to kiss me. >> but i'm still dressed. >> we're still on air miraculously. >> let's see what we can do about that. >> what do you think jack nicholson thinks would be a t
steve martin, loren michaels. is he as fun at a private dinner peter as i would hope he is? >> yes. he has moment where is he's kind of nutty then super intelligence and then funny. it was the full package. it was definitely a pinch myself moment. >> did you give him a lap dance? >> yes. and he gave me one and then it was 3:00 in the morning. >> jack nicholson last night, me tonight. >> you're in good company. >> bit of a brazen hussy, aren't you? >>...
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steve says it all comes down to the bottom line, that's profits. >> corporate america is trying to get itself to grow at high double digit rates but the economy is stuck in slow gear. the only way the corporate sector can grab a bigger share of the pie is if it starts to take away from somebody else, in particular labor. that's what it's doing. >> there are brought spots. google added about 2,000 jobs in the second quarter. union pacific is rehiring positions that it recently got rid of. about 1,500 new positions by the end of the year. health care still generates jobs, but not as much as before. health care employment has grown by about 13,500 in june. but that's the slowest pace since january. thankfully there is still job creation when it comes to small business. a new report by adp says small and medium-sized businesses, businesses with up to about 500 employees, created about 100,000 jobs last month, compare that to larger firms with 500 or more workers which added about 9,000 new jobs. with an employment picture like this, it's not hard to see why the recovery is in need of a lif
steve says it all comes down to the bottom line, that's profits. >> corporate america is trying to get itself to grow at high double digit rates but the economy is stuck in slow gear. the only way the corporate sector can grab a bigger share of the pie is if it starts to take away from somebody else, in particular labor. that's what it's doing. >> there are brought spots. google added about 2,000 jobs in the second quarter. union pacific is rehiring positions that it recently got...
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and his caddie is steve williams. he's been on the bag for him for this tournament. that's been the big story line coming into this week. tiger has won seven times before. stevie was a big part of those victories. and now scott is one round away from winning the tournament which would be quite remarkable. >> so hopefully next time we get on here, we'll get that audio problem straightened out. obviously, a really long delay. >> reporter: i hope so. >> you've got it. thanks for that report, man. >>> you've heard that music soothes the savage beast. so wait until you see when a whale hears a mariachi band. for broccoli, say one. for toys, say two. toys ! the system can't process your response at this time. what ? please call back between 8 and 5 central standard time. he's in control. goodbye. even kids know it's wrong to give someone the run around. at ally bank you never have to deal with an endless automated system. you can talk to a real person 24/7. it's just the right thing to do. >>> a beluga whale is stealing the show in maryland. can you explain this? >> if you
and his caddie is steve williams. he's been on the bag for him for this tournament. that's been the big story line coming into this week. tiger has won seven times before. stevie was a big part of those victories. and now scott is one round away from winning the tournament which would be quite remarkable. >> so hopefully next time we get on here, we'll get that audio problem straightened out. obviously, a really long delay. >> reporter: i hope so. >> you've got it. thanks for...
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but, i mean, we should note that this ex-caddie steve williams was on the winning bag with his new boss, adam scott. >> i was going to say, you know who won that event, don? yeah, exactly. adding the sort of soap opera twist. you know, this is tiger. he's back. he hasn't played in awhile. he got four rounds in. the good news is his body held up. the bad news, again, not the tiger woods we're used to. middle of the pack. he'll play in the final major of the season. this will be the last chance for him to win a major for the first time since 2008. i mean tiger woods hasn't won a major. this guy was winning three majors a year as a matter of course. now he could go three years without winning one. >> what do you think the chances are, the pga championship is coming here to atlanta this week. >> i was going to say, it's your own backyard. i mean, i think the guy's still tiger woods. and if his body is cooperating, you know, you don't lose it overnight. but, you know, his confidence isn't where it needs to be. his consistency isn't where it needs to be. the truth is in the past three years w
but, i mean, we should note that this ex-caddie steve williams was on the winning bag with his new boss, adam scott. >> i was going to say, you know who won that event, don? yeah, exactly. adding the sort of soap opera twist. you know, this is tiger. he's back. he hasn't played in awhile. he got four rounds in. the good news is his body held up. the bad news, again, not the tiger woods we're used to. middle of the pack. he'll play in the final major of the season. this will be the last...
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earlier on "state of the union" i spoke with forbes chairman steve forbes and former obama adviser larry summer, who despite differences both agree they see politics in s&p's move. >> it is a political move and i think it's really -- it will sound strange for me to say it -- an outrageous move. the government can pay its debts. it's got the wherewithal to do it. in a larger sense about the economy, i think the u.s. economy is in a perilous state. this recovery has been the worst from a severe recession since the great depression. i'm surprised s&p would pay politics. >> s&p's track record has been terrible. as we've seen this weekend, its arithmetic is worse. there's nothing good to see about what they've done. s&p said to sell. warren buffett said to buy. that should tell you something. >> you can see my entire interview with summers and forbes at noon eastern here on cnn. >>> syrian troops have reportedly targeted the city of dara sore ray in an escalating crackdown on anti-government protesters. the arab leagued urged them to halt the violence. >>> four nato soldiers were killed in ea
earlier on "state of the union" i spoke with forbes chairman steve forbes and former obama adviser larry summer, who despite differences both agree they see politics in s&p's move. >> it is a political move and i think it's really -- it will sound strange for me to say it -- an outrageous move. the government can pay its debts. it's got the wherewithal to do it. in a larger sense about the economy, i think the u.s. economy is in a perilous state. this recovery has been the...
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firestone country club. >> tiger's caddie steve williams had an excellent week, however. tiger struggled with his putting through all four rounds finishing 18 strokes behind the winner who is adam scott. williams was fired by woods last month and was caddieing for the winner, scott. despite the fact he had 72 wins with tiger including 13 majors and 16 world titles williams called yesterday's victory with scott, quote, the best win of my life. good for him. >> a sweet victory for scott williams. >>> coming up the big three credit rating agencies, who they are, what motivates them, how they operate. >> who pays them. >> there you go. >> that's a good one. who pays them. >> why do they do it? out of the kind ins of their heart. >> just their opinion, right. >> and rate each other. >> i'm going to play s&p. >> i might get a downgrade. >> christine can be moody's. >> i would say your diet and exercise routine judging from the fritos you were eating. >> not rating my -- >> you're a double b for sure. >> explosive taped interviews with jacqueline kennedy onassis. the former firs
firestone country club. >> tiger's caddie steve williams had an excellent week, however. tiger struggled with his putting through all four rounds finishing 18 strokes behind the winner who is adam scott. williams was fired by woods last month and was caddieing for the winner, scott. despite the fact he had 72 wins with tiger including 13 majors and 16 world titles williams called yesterday's victory with scott, quote, the best win of my life. good for him. >> a sweet victory for...
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steve williams, the caddie tiger recently fired. >>> ahead on "american morning," dusty plane, so much heat, barely any rain, it's on pace to be the stifling summer ever in the american heartland. we're live in dallas where staying cool has become a matter of life and death. >>> why scientists believe these new photos of mars could mean there's life on the red planet. get ready to geek out all of you who love martian action. it's 20 minutes after the hour. : your nutritional needs can go up when you're on the road to recovery. proper nutrition can help you get back on your feet. three out of four doctors recommend the ensure brand for extra nutrition. ensure clinical strength has revigor and thirteen grams of protein to protect, preserve, and promote muscle health. and immune balance to help support your immune system. ensure clinical strength... helping you to bounce back. ensure! nutrition in charge! ensure! woman: day care can be so to save some money, i found one that uses robots instead of real people. 'cuz robots work for free. robot 1:good morning... robot 1:...female child. sfx
steve williams, the caddie tiger recently fired. >>> ahead on "american morning," dusty plane, so much heat, barely any rain, it's on pace to be the stifling summer ever in the american heartland. we're live in dallas where staying cool has become a matter of life and death. >>> why scientists believe these new photos of mars could mean there's life on the red planet. get ready to geek out all of you who love martian action. it's 20 minutes after the hour. : your...
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it's based on steve harvey's book, "think like a man, act like a lady." the movie is scheduled to come out in april, with chris brown's half-hearted apology coming out soon. we don't know what role he's going to play. but one thing is for sure. with chris brown attached to the project, the movie is sure to be a hit on the rediculist. we'll be right back. you could save a bundle with geico's multi-policy discount. geico, saving people money on more than just car iance. ♪ geic is best absorbed in small continuous amounts. only one calcium supplement does that in one daily dose. new citracal slow release... continuously releases calcium plus d for the efficient absorption my body needs. citracal. for the efficient absorption my body needs. and not because silverado's the most dependable, longest-lasting full-size truck on the road or because heavy duty made motor trend's 2011 truck of the year. no, it was good because you told us so. consider this a thank-you. the chevy model year wrap up. get in on our greatest model year yet. right now, combine the all-s
it's based on steve harvey's book, "think like a man, act like a lady." the movie is scheduled to come out in april, with chris brown's half-hearted apology coming out soon. we don't know what role he's going to play. but one thing is for sure. with chris brown attached to the project, the movie is sure to be a hit on the rediculist. we'll be right back. you could save a bundle with geico's multi-policy discount. geico, saving people money on more than just car iance. ♪ geic is best...
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it's based on steve harvey's book, "think like a man, act like a lady." the movie is scheduled to come out in april, with chris brown's half-hearted apology coming out soon. we don't know what role he's going to play. but one thing is for sure. with chris brown attached to the project, the movie is sure to be a hit on the "ridiculist". we'll be right back. another good thing about geico is, they've got, like, real live people working there 24/7. so like say you need to report a claim, alright. a real person will be there to help you. then you can use geico.com to view photos of the damage, track your claim, print an estimate. you want an english muffin? they literally hand you a toasted muffin with butter and jam. (sigh) whaa. tasty. that's, that's a complete dramatization of course, but you get my point. vo: geico 15 minutes could save you 15% or more on car insurance. [ martin luther king jr. ] i still have a dream that one day on the red hills of georgia, the sons of former slaves and the sons of former slave owners will be able to sit down together at
it's based on steve harvey's book, "think like a man, act like a lady." the movie is scheduled to come out in april, with chris brown's half-hearted apology coming out soon. we don't know what role he's going to play. but one thing is for sure. with chris brown attached to the project, the movie is sure to be a hit on the "ridiculist". we'll be right back. another good thing about geico is, they've got, like, real live people working there 24/7. so like say you need to...
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what is the real steve jobs like? [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. >>> thanks for coming. thank you. thank you. >> steve jobs in march on the ipad two and getting a standing ovation from his adoring public. you always get invited by steve to that event? >> he's very gracious. i'm very thankful. those events mean so much to me. oddly, i'm almost always in town when they happen. >> why do they mean so much to you? >> you know, products, oh, just like steve jobs, i grew up thinking, the technology products are the hottest area of the world. and you might live in another part of the country and think, oh, it's making furniture. but to us it was electronics. that will define the state of the art that we're at for being able to make things. but now it's gone further. especially with apple. especially these products under steve. it changes the way we live our lives. yo
what is the real steve jobs like? [oinking] [hissing] [ding] announcer: cook foods to the right temperature using a food thermometer. 3,000 americans will die from food poisoning this year. check your steps at foodsafety.gov. >>> thanks for coming. thank you. thank you. >> steve jobs in march on the ipad two and getting a standing ovation from his adoring public. you always get invited by steve to that event? >> he's very gracious. i'm very thankful. those events mean so...
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i want to bring in a man who knows steve jobs better than anybody else, steve wozniak met jobs when they were teenagers. they went on to co-found apple. he joins me now. welcome. >> thang. you know what, it's a fun part of life to have a nickname like that. i don't know steve jobs the closest of anyone in life right now. i've known him in the past. i admire him. and we have a friendly relationship. >> but i mean, i suppose what i meant by that, in your earlier days. >> i have insights from early days, yeah. >> you were in his parents' garage. >> kids in high school playing pranks, you bet. >> what was he like in those days? >> you know what, he was always interested in every technical electronic gadget there was in the world. you know, but he didn't -- he didn't exactly have the focus to actually sit down and design and build them himself. but he built projects that like counted the number of cycles on a guitar string so you could tune it right. >> but you were the guy who knew the technical stuff. >> after steve met me, and we compared ourselves, what pranks we had pulled, and what elec
i want to bring in a man who knows steve jobs better than anybody else, steve wozniak met jobs when they were teenagers. they went on to co-found apple. he joins me now. welcome. >> thang. you know what, it's a fun part of life to have a nickname like that. i don't know steve jobs the closest of anyone in life right now. i've known him in the past. i admire him. and we have a friendly relationship. >> but i mean, i suppose what i meant by that, in your earlier days. >> i have...
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steve, look at this chart here. you can compare student loan debt with all other debt and you can see, look at that top line, that's student loan debt. everything else we're either cutting back on or can't get any more of. we are piling on to the student loan debt. it seems as though you just can't win, steve. >> the colleges are working to create a more compelling academic experience, academic and social experience. they're constantly building. if you've been to your alma mater they're constantly building. they don't have the money to do so, so they're passing those expenses on to the children. and the children who are most in need, cannot afford it. >> el zi, talk about community colleges, talk about maybe getting preparation at community colleges for some things you're weaker in before you go to a state school or private school. people have to be strategic about getting that degree and remind me, we love the degree, the degree will mean a 4% unemployment rate as opposed to a 9 % unemployment rate. >> absolutely.
steve, look at this chart here. you can compare student loan debt with all other debt and you can see, look at that top line, that's student loan debt. everything else we're either cutting back on or can't get any more of. we are piling on to the student loan debt. it seems as though you just can't win, steve. >> the colleges are working to create a more compelling academic experience, academic and social experience. they're constantly building. if you've been to your alma mater they're...
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>> i don't think you can learn how to be steve jobs. steve jobs is singular. there will never be anybody like him. he is the closest thing the business world has to a super hero. i don't think anybody would deny that. in terms of the marketing flair, i don't think tim cook needs to have that, to steer the company in the right direction. i think with apple, it's about the products. and that's where the question of, you know, innovation, can he replace steve jobs in terms of innovation. the management structure at apple is actually pretty simple. there's a lot of people that report directly to steve jobs. there isn't a whole lot of dotted lines and mishmash. it's pretty direct there. it's also famously brutal. so the people that are there at the company are there for a reason. so i think that, you know, we can expect more great things from apple. but there's no question that apple is steve jobs. and this company is about to change. >> pretty dramatically i would imagine. tim cook presumably will have a salary slightly higher than steve jobs' $1 a year, what he t
>> i don't think you can learn how to be steve jobs. steve jobs is singular. there will never be anybody like him. he is the closest thing the business world has to a super hero. i don't think anybody would deny that. in terms of the marketing flair, i don't think tim cook needs to have that, to steer the company in the right direction. i think with apple, it's about the products. and that's where the question of, you know, innovation, can he replace steve jobs in terms of innovation. the...
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steve jobs has resigned as ceo of apple. he said he could no longer meet his duties and expectations as ceo. he has been on medical leave since january. he'll stay on as apple's chairman. the company's former chief operating officer, tim cook, will take over as apple's ceo. >>> the washington monument is cracked and closed, but other monuments in the nation's capitol have reopened, following yesterday's rare magnitude 5.8 earthquake on the east coast. authorities say the washington monument may not open to the public until after engineers fix the cracks at the top. >>> and gathering storms in the atlantic. hurricane irene bigger and stronger, bearing down on the east coast. where it will hit. winds over 100 miles an hour, what it will do to a city like new york. >>> on the other side of the world, battles still raging in tripoli. moammar gadhafi forces going house to house. is this the colonel's last stand. sara sidner, what's it like to be in the middle of the chaos. this is "piers morgan tonight." tonight's breaking news.
steve jobs has resigned as ceo of apple. he said he could no longer meet his duties and expectations as ceo. he has been on medical leave since january. he'll stay on as apple's chairman. the company's former chief operating officer, tim cook, will take over as apple's ceo. >>> the washington monument is cracked and closed, but other monuments in the nation's capitol have reopened, following yesterday's rare magnitude 5.8 earthquake on the east coast. authorities say the washington...
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steve jobs stepping down as ceo of apple. joe, is this a surprise, lots of speculation about steve jobs' future because of his health? what's your view? >> the only real surprise is that it happened tonight, really. he's been sick for a long time. he has not looked well, obviously, in appearances recently. everybody he's had a liver transplant, a tumor on his pancreas. so his health, one assumes has been deteriorating, and there is a certain kind of sad inevidentability to this moment. >> obviously apple's become this extraordinary global business. one of the biggest market caps of any american companies in history. what impact will steve jobs standing down as the chief executive officer have on the company, do you think, if any? >> well, steve jobs is one of the great innovators in the history of modern capitalism. he's also one of the genius marketers. with ways of getting people to get interested in and buying products, that nobody -- we haven't seen in a long time. apple is going to miss that, without question. and the re
steve jobs stepping down as ceo of apple. joe, is this a surprise, lots of speculation about steve jobs' future because of his health? what's your view? >> the only real surprise is that it happened tonight, really. he's been sick for a long time. he has not looked well, obviously, in appearances recently. everybody he's had a liver transplant, a tumor on his pancreas. so his health, one assumes has been deteriorating, and there is a certain kind of sad inevidentability to this moment....
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wozniak talking about his former colleague, steve jobs. >> we lauf good comeback. gordon gekko famously said that, too. what about a comeback some always a chance. and about if n. a few hours time, we'll know when the federal reserve or central bank there stands -- we'll know where it stands on extra support for the world's largest which i. we are of course talking about quantitative easing.which i. we are of course talking about quantitative easing. it was this time last year that ben bernanke introduced qe-2. that was an unconventional measure to support the country's fragile economy. just this year, the political environment may have proved a little more challenging as maggie lake explains. >> reporter: it was the comment that took the u.s. political world by surprise. >> printing more money to play politics at this particular time in american history is almost treasonous in my opinion. >> reporter: with that, texas governor and republican presidential candidate rick perry put ben bernanke on notice. a big new stimulus program for the american economy, another r
wozniak talking about his former colleague, steve jobs. >> we lauf good comeback. gordon gekko famously said that, too. what about a comeback some always a chance. and about if n. a few hours time, we'll know when the federal reserve or central bank there stands -- we'll know where it stands on extra support for the world's largest which i. we are of course talking about quantitative easing.which i. we are of course talking about quantitative easing. it was this time last year that ben...
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now we have the steve jobs resignation. easy to lose sight that the markets in the last three or four days have actually been performing pretty well, coming sharply off their lows that we've seen in recent weeks. here in asia, another update for the asian markets ads well, getting a lot of tail winds at the moment from better than expected, that's right, better than expected economic data coming out of the u.s. who would have thought that. we had terrible numbers. both of those were a little bit unexpected after some truly dreadful numbers we've seen in the u.s. now we see better than expected numbers. that's helping investors on this side of the world, pretty much everywhere, not just in asia. the shanghai comes up 3%. but pretty much good gapes all around, nina. >> i'll bet ipad is on durable goods, andrew. even if they do cost a pretty penny. let's look at how u.s. markets stand in terms of the futures. this is how we're looking at the moment. it seems though broadly speaking we're seeing a little bit of upward momentum
now we have the steve jobs resignation. easy to lose sight that the markets in the last three or four days have actually been performing pretty well, coming sharply off their lows that we've seen in recent weeks. here in asia, another update for the asian markets ads well, getting a lot of tail winds at the moment from better than expected, that's right, better than expected economic data coming out of the u.s. who would have thought that. we had terrible numbers. both of those were a little...
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steve jobs is bowing out as ceo of apple. and his resignation letter he said he could no longer meet his duties and expectations as ceo. jobs, you'll remember, survived cancer, has undergone a liver transplant and has been on medical leave since january. he'll stay on as apple's chairman and be succeeded as ceo by former chief operating officer tim cook >>> another monument in washington may have reopened after yesterday's east coast quake. however, the washington monument itself will stay closed until engineers repair cracks at the top and triple check the rest of it. those are the headlines. coming up at the top of the
steve jobs is bowing out as ceo of apple. and his resignation letter he said he could no longer meet his duties and expectations as ceo. jobs, you'll remember, survived cancer, has undergone a liver transplant and has been on medical leave since january. he'll stay on as apple's chairman and be succeeded as ceo by former chief operating officer tim cook >>> another monument in washington may have reopened after yesterday's east coast quake. however, the washington monument itself will...
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steve jobs stepped down from apple. the college dropout who co-founded apple in his family's garage will stay on as the chairman of the board. joining me is cnn silicon valley correspondent is dan simon. dan, this is a big blow to a lot of people. >> reporter: it really is. although steve jobs has been sick for some time, the news caught many people off guard. one employee telling me here on the coopertino campus this came out of leftfield. if you would leave any company for any reason, now is the time to do it as apple has never been in better shape. >> today apple is going to reinvent the phone. >> reporter: he has been called a modern day thomas edison. >> you can do multifinger gestures on it and boy have we patented it. >> reporter: others tried to emulate his style, but rarely with the same success. the apple story is well known. two kids in the garage. jobs and steve wozniac launched. >> we moved into a $2 billion company. >> reporter: in 1984, jobs introduced the macintosh. the first with multiple thoughts. sale
steve jobs stepped down from apple. the college dropout who co-founded apple in his family's garage will stay on as the chairman of the board. joining me is cnn silicon valley correspondent is dan simon. dan, this is a big blow to a lot of people. >> reporter: it really is. although steve jobs has been sick for some time, the news caught many people off guard. one employee telling me here on the coopertino campus this came out of leftfield. if you would leave any company for any reason,...
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. >>> just ahead, is there an apple without steve jobs? is the mood on wall street a day after legendary ceo steps down. >>> plus casey anthony beginning a new chapter of her life. it's called probation. some key details are being kept from the public. we'll explain ahead. but not in my neighborhood. ♪ [ female announcer ] we're throwing away misperceptions about natural gas vehicles. more of the vehicles that fuel our lives use clean american natural gas today. it costs about 40 percent less than gasoline, so why aren't we using it even more? start a conversation about using more natural gas vehicles in your community. [ kate ] can't believe i have high blood pressure. what's that thing? another medication. ♪ i really should have taken my shoes off before i got weighed. [ female announcer ] you've got a lot on your mind. that's why every walgreens prescription goes through a 10 point safeguard check that reviews your current walgreens health record for allergies and potentially harmful drug interactions. [ kate ] i can do this. [ fema
. >>> just ahead, is there an apple without steve jobs? is the mood on wall street a day after legendary ceo steps down. >>> plus casey anthony beginning a new chapter of her life. it's called probation. some key details are being kept from the public. we'll explain ahead. but not in my neighborhood. ♪ [ female announcer ] we're throwing away misperceptions about natural gas vehicles. more of the vehicles that fuel our lives use clean american natural gas today. it costs...
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it is steve jobs. cnn's poppy harlow looks at the legacy of steve jobs and the impact of his departure as apple's ceo. >> he resigned? >> yes. >> sim sorry to hear it, because he's so great for the company and so creative and innovative. >> reporter: jobs who has been on medical leave since january released a statement. i have always said if there ever came a day when i could no longer meet my duties and expectations as apple's ceo, i would be the first to let you know. unfortunately, that day has come. >> it's really hard to overstate just how important steve jobs has been to business, to the economy, what he's done because he's really revolutionized so many businesses. >> reporter: computers, mobile phones, digital music, jobs' influence has been unparalleled. his latest product, the ipad, continues to break records. analysts say it's the fastest selling technological device ever. jobs co-founded apple in 1976 from his family's garage. nine years later a power struggle led to his exit, but jobs retur
it is steve jobs. cnn's poppy harlow looks at the legacy of steve jobs and the impact of his departure as apple's ceo. >> he resigned? >> yes. >> sim sorry to hear it, because he's so great for the company and so creative and innovative. >> reporter: jobs who has been on medical leave since january released a statement. i have always said if there ever came a day when i could no longer meet my duties and expectations as apple's ceo, i would be the first to let you know....
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we will hear from steve israel about his yes vote just ahead. >>> also ahead, a vile of serial killer blood. ted bundy, it's found. will it lead to solving more cold cases? that story after the break. members of the american postal worker's union handle more than 165 billion letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states postal service doesn't run on your tax dollars. it's funded solely by stamps and postage. brought to you by the men and women of the american postal worker's union. discover customersl are getting five percent cashback bonus at the pump... and at many of the places their summer plans take them. it pays to switch, it pays to discover. at exxon and mobil, we engineer smart gasoline that works at the molecular level to help your engine run more smoothly by helping remove deposits and cleaning up intake valves. so when you fill up at an exxon or mobil station, you can rest assured we help your engine run more
we will hear from steve israel about his yes vote just ahead. >>> also ahead, a vile of serial killer blood. ted bundy, it's found. will it lead to solving more cold cases? that story after the break. members of the american postal worker's union handle more than 165 billion letters and packages a year. that's about 34 million pounds of mail every day. ever wonder what this costs you as a taxpayer? millions? tens of millions? hundreds of millions? not a single cent. the united states...
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just who is the next steve jobs? every time a local business opens its doors or creates another laptop bag or hires another employee, it's not just good for business -- it's good for the entire community. at bank of america, we know the impact that local businesses have on communities, so we're helping them with advice from local business experts and extending $18 billion in credit last year. that's how we're helping set opportunity in motion. >>> jack cafferty is here with the cafferty file. >> joe, city of camden new jersey is going to pay students not to skip school. say what? the enquirer reported it's part of an effort to end truancy. it will focus on conflict resolution and anger management in the first months of school. the program called i can end truancy is being funded by a grant from new jersey's department of criminal justice. the moany needs to be used by september 30th or they won't have a shot next year. that means the participating students will be paid $100 each if they attend most of the anti-trianc
just who is the next steve jobs? every time a local business opens its doors or creates another laptop bag or hires another employee, it's not just good for business -- it's good for the entire community. at bank of america, we know the impact that local businesses have on communities, so we're helping them with advice from local business experts and extending $18 billion in credit last year. that's how we're helping set opportunity in motion. >>> jack cafferty is here with the...
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. >>> just ahead, is there an apple without steve jobs? is the mood on wall street a day after legendary ceo steps down. >>> plus casey anthony beginning a new chapter of her life. it's called probation. some key details are being kept from the public. we'll explain ahead. when a moment might turn into something more. and when it does men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. cialis for daily use is a clinically proven low-dose tablet you take every day, so you can be ready anytime the moment's right. ♪ [ man ] tell your doctor about all your medical conditions and medications and ask if your heart is healthy enough for sexual activity. don't take cialis if you take nitrates for chest pain as this may cause an unsafe drop in blood pressure. [ man ] do not drink alcohol in excess with cialis. side effects may include headache, upset stomach, delayed backache or muscle ache. to avoid long-term injury seek immediate medical help for an erection lasting more than 4 hours. if y
. >>> just ahead, is there an apple without steve jobs? is the mood on wall street a day after legendary ceo steps down. >>> plus casey anthony beginning a new chapter of her life. it's called probation. some key details are being kept from the public. we'll explain ahead. when a moment might turn into something more. and when it does men with erectile dysfunction can be more confident in their ability to be ready with cialis for daily use. cialis for daily use is a clinically...
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kornanke, and steve, tonight, the president's critics are piling on. do you agree he is the biggest loser? >> well, i agree it is the triumph for the tea party and a triumph to tr most conservative element. when you look at sort of how this debate set up in the first place, it was a president who said, absolutely fundamentally my bottom line is that this country cannot default on august 2nd, and that is his position all along and no one has doubted that. but the position of the republicans is that we hope that the country doesn't default on august 2nd, but at love t t lot members are okay if it does, and if you don't want to it to happen, this is the list of items you have to sign off on to avoid it. >> and if you listen to any of the democratic guests coming on the night, they are not map hap with the president and saying this is what he has to do if he wants to win in 2012 and what could he have done better? >> well, there were realistically, since this is set up, two possibilities all along for this thing, and one is what we saw, if you are going to
kornanke, and steve, tonight, the president's critics are piling on. do you agree he is the biggest loser? >> well, i agree it is the triumph for the tea party and a triumph to tr most conservative element. when you look at sort of how this debate set up in the first place, it was a president who said, absolutely fundamentally my bottom line is that this country cannot default on august 2nd, and that is his position all along and no one has doubted that. but the position of the...
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this is -- i mean, steve jobs is apple, apple is steve jobs. he loves this company. this company is him. he has poured his heart and soul and vision into it. this is significant. however, it is not unexpected. if you remember he has taken three medical leaves. you know, tim cook, the -- incoming ceo, it is well known now by the market, this is -- you know -- >> in 2008 you wrote a cover that -- >> we did. shameless plug. we did -- my colleague did an incredible really, really deep story on the guy behind steve. this is a profile of tim cook. you can find it online. it is -- tells you everything you need to know about this guy. it is fascinating. >> just to go back to steve jobs a second. he was trying all of these new treatments, best treatments out there to get better. and -- i don't know. you are right. it is really sad to think about that. he has everything going for him. but not his health. >> he does. you know, very little is known about exactly what the problem is. it is -- apple has been very secretive about the problems. you know. only in the past, you know,
this is -- i mean, steve jobs is apple, apple is steve jobs. he loves this company. this company is him. he has poured his heart and soul and vision into it. this is significant. however, it is not unexpected. if you remember he has taken three medical leaves. you know, tim cook, the -- incoming ceo, it is well known now by the market, this is -- you know -- >> in 2008 you wrote a cover that -- >> we did. shameless plug. we did -- my colleague did an incredible really, really deep...
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the other hot topic here on wall street, steve jobs' resignation. apple shares are down 2.5% in the premarket. they have recovered quite a bit from a bigger drop in after-hours trading on wednesday. trading volume for apple shares expected to be very heavy when the opening bell rings in about one minute. keep this in mind, this is an individual company story, it's not a broader market story. if we do see the market take a turn to go lower, you can't necessarily pin it on what's happening with apple shares today. >> all right, alison kosik there at the new york stock exchange. thanks. >>> getting some breaking news out of libya. this is according to reuters, i might add. rebels reporting that they may potentially have moammar gadhafi surrounded. apparently there is a number of apartment buildings just outside gadhafi's compound. now a group of rebels reporting that they have surrounded these apartment buildings near the compound of moammar gadhafi, saying they believe that he is inside, that they have him surrounded. he could possibly be hiding out w
the other hot topic here on wall street, steve jobs' resignation. apple shares are down 2.5% in the premarket. they have recovered quite a bit from a bigger drop in after-hours trading on wednesday. trading volume for apple shares expected to be very heavy when the opening bell rings in about one minute. keep this in mind, this is an individual company story, it's not a broader market story. if we do see the market take a turn to go lower, you can't necessarily pin it on what's happening with...
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steve hindy treats his employees to a trip to europe, but even that comes with work. that's next week on "the boss." >>> let's take a quick last look at how the markets have been trading this day. they've been open for just under two hours in europe now. that's the picture losing a little more now, the ftse down by 1%, xetra dax down by 1.3. this is due to the lack of developments coming from the much-hyped summit meeting between nicolas sarkozy and german chancellor angela merkel, looking for some solution or roadmap for dealing with the european debt crisis. the markets didn't get what they were looking for. that's the result. interestingly the proposition of a financial tax orr tax on financial transactions has hit the listed markets. the lse in london and the buch boss in frankfurt down by 3% today. coals burg is down by 14% after it missed expectations. there are serious problems in europe because people aren't drinking beer like they used to evidently. quickly here in asia, the markets are more mixed. japan was down, hurt by the tech sector there. that was off t
steve hindy treats his employees to a trip to europe, but even that comes with work. that's next week on "the boss." >>> let's take a quick last look at how the markets have been trading this day. they've been open for just under two hours in europe now. that's the picture losing a little more now, the ftse down by 1%, xetra dax down by 1.3. this is due to the lack of developments coming from the much-hyped summit meeting between nicolas sarkozy and german chancellor angela...
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why steve jobs of apple is resigning as ceo of apple. a ne. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to say. it's the at&t network... or creates another laptop bag or hires another employee, it's not just good for business -- it's good for the entire community. at bank of america, we know the impact that local businesses have on communities, so we're helping them with advice from local business experts and extending $18 billion in credit last year. that's how we're helping set opportunity in motion. [ female announcer ] everybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling y
why steve jobs of apple is resigning as ceo of apple. a ne. in here, the planned combination of at&t and t-mobile would deliver our next generation mobile broadband experience to 55 million more americans, many in small towns and rural communities, giving them a new choice. we'll deliver better service, with thousands of new cell sites... for greater access to all the things you want, whenever you want them. it's the at&t network... and what's possible in here is almost impossible to...
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steve jobs has resigned as ceo of apple. he said he could no longer meet his duties and expectations as ceo. he has been on medical leave since january. he'll stay on as apple's chairman. the company's former chief operating officer, tim cook, will take over as apple's ceo. >>> the washington monument is cracked and closed, but other monuments in the nation's capitol have reopened, following yesterday's rare magnitude 5.8 earthquake on the east coast. authorities say the washington monument may not open to the public until after engineers fix the cracks at the top. >>> civil sexual assault charges are still pending against dominic strauss kahn. prosecutors had requested the criminal charges be dropped after they began to question the credibility of the hotel housekeeper who leveled them. we'll see what happens next. >> we certainly will. certainly wish the best to steve jobs and his family. obviously got to be a difficult decision for him to be stepping down. isha, thank you very much. we'll be right back. we'll be on at 10:
steve jobs has resigned as ceo of apple. he said he could no longer meet his duties and expectations as ceo. he has been on medical leave since january. he'll stay on as apple's chairman. the company's former chief operating officer, tim cook, will take over as apple's ceo. >>> the washington monument is cracked and closed, but other monuments in the nation's capitol have reopened, following yesterday's rare magnitude 5.8 earthquake on the east coast. authorities say the washington...
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apple came in and steve jobs, as is his way, basically kind of bullied his carrier. in this case, at&t, saying you need to create a much more open environment. you need to create an environment in which the user can go anywhere they want to get any kind of information they want. if it happens to be the app store, all the better for apple. the other thing that happened as a result of apple coming on the scene is that it really created a competitive environment for mobile phones that had never existed before. google's android owes a great debt to apple's iphone because suddenly carriers that didn't have the iphone, like verizon and t-mobile and sprint, were looking for alternatives, looking for new ways to get exciting smart phones in the market. >> there's an indication of just how successful apple is right now. according to a statement released by the u.s. treasury in july, the government, the u.s. government had an operating cash balance of nearly $74 billion. that sounds like a lot of money, right? it's about $2.5 billion short of the cash apple has on hand. >>> we
apple came in and steve jobs, as is his way, basically kind of bullied his carrier. in this case, at&t, saying you need to create a much more open environment. you need to create an environment in which the user can go anywhere they want to get any kind of information they want. if it happens to be the app store, all the better for apple. the other thing that happened as a result of apple coming on the scene is that it really created a competitive environment for mobile phones that had...
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steve martin is the best at steve martin. >> i went to the emmys when you were the host, and what they really want is they don't want it to ever feel uncomfortable or nasty. and your genius that day is you were coming out with lots of stuff, just knifing people, but it all felt so warm and celebratory, that everyone felt they could laugh. >> yeah. >> that's your trademark, i think, isn't it? >> i think that's my thing. i don't like to kick people when they're down. i like to kick people when you're up. i'll take care of you until you're up again. then i'll take a shot. if you're in on the joke, i know everybody can take a good joke, if you're in on it, then why not do that. that's the fun of it. i remember we had ted danson, i had to introduce ted danson, great guy, great sense of humor. i was, like -- they played the "cheers" theme. ♪ i go, ladies and gentlemen, wherever this guy goes, everyone knows his name, give it up for mr. tim dinson. he came out. he immediately got the joke. people are, like, what? tim dinson. the fact that you screw up ted danson's name, that makes me laugh.
steve martin is the best at steve martin. >> i went to the emmys when you were the host, and what they really want is they don't want it to ever feel uncomfortable or nasty. and your genius that day is you were coming out with lots of stuff, just knifing people, but it all felt so warm and celebratory, that everyone felt they could laugh. >> yeah. >> that's your trademark, i think, isn't it? >> i think that's my thing. i don't like to kick people when they're down. i...
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steve jobs is bowing out as ceo of
steve jobs is bowing out as ceo of
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. >> steve and debbie o'sullivan and their children live in rockaway beach in new york. a tranquil setting. beautiful wide shoreline. they never used to worry about hurricanes. >> we never really understand the greater impact of it. we never had a great fear. we used to play out in them. >> what's changed? >> katrina. >> their house sits one block from the ocean with the atlantic on one side and jamaica bay on the other are thinking about stocking up on hurricane supplies. >> i really am seriously considering getting more supplies of water and dry goods. it is a worry for me. i mean, he's not as worried as i am. >> there may be good reason for concern. new york city hasn't experienced a big hurricane since 1938. with the increase in hurricane activity, combined with the law of averages, many experts believe another major storm may be coming and soon. >> is it going to be a slow rise? >> yeah. it's going to come up slowly. about the rate that you fill a bathtub. >> coastal geologist nick koch, himself a new yorker, believes if a major hurricane hits, it could be catastrop
. >> steve and debbie o'sullivan and their children live in rockaway beach in new york. a tranquil setting. beautiful wide shoreline. they never used to worry about hurricanes. >> we never really understand the greater impact of it. we never had a great fear. we used to play out in them. >> what's changed? >> katrina. >> their house sits one block from the ocean with the atlantic on one side and jamaica bay on the other are thinking about stocking up on hurricane...
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we have steve and fran here. what's upsetting you is it will be a long time before power goes back on. tell me your situation. >> the power went off last night. they're telling me it will be seven days before power is back on. next sunday afternoon we'll have power. >> reporter: how does that make you feel? i know you work from home. how difficult is the situation for you and your neighbors? >> it's hard to live that way. the neighborhood is black. the street lights don't work. power lines are down. you will run over live power lines. it's impossible to live like that. i have called psg & e, pleaded with them to repair the lines and they said, no, you have to wait your turn. >> reporter: they don't have the resources. >> they don't. >> reporter: your house is really damaged in the major blizzard we had this winter. you just got through fixing that. >> everything. >> reporter: now what? >> my back room, my family room that was repaired is down. a big tree branch hit it and the new roof is gone. on the other side o
we have steve and fran here. what's upsetting you is it will be a long time before power goes back on. tell me your situation. >> the power went off last night. they're telling me it will be seven days before power is back on. next sunday afternoon we'll have power. >> reporter: how does that make you feel? i know you work from home. how difficult is the situation for you and your neighbors? >> it's hard to live that way. the neighborhood is black. the street lights don't...
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when i hear people like you and i hear steve jobs talking about apple's global expansion, you look at mcdonald's, any of these companies, i went to shanghai recently. just full of superstores from britain, tescos in the case i was worting under the time. nike 3,000 stores throughout china. it seems to me there are certain types of american business leaders who get this and who are aggressively taking their products made here or their products taken over there and made there into china are selling them to the chinese. there are lots of other businesses standing back saying, whoa, this is all too scary. they're the enemy. we can't help them. that has to be wrong. the answer has to be, america having more apples, doesn't it? more mcdonald's. more starbucks. more things created by americans that the chinese want. >> well, we live in a global society. and that global society, i don't put a label on. i think the opportunities that the private enterprise has to extend the brand in their business to the people who are buying the product. but i think you bring up a subject that i think is impo
when i hear people like you and i hear steve jobs talking about apple's global expansion, you look at mcdonald's, any of these companies, i went to shanghai recently. just full of superstores from britain, tescos in the case i was worting under the time. nike 3,000 stores throughout china. it seems to me there are certain types of american business leaders who get this and who are aggressively taking their products made here or their products taken over there and made there into china are...
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. >>> the stocks gained most of what it lost after steve jobs' resignation as ceo. they dropped sharply in after-hours trading when jobs announced he was stepping down. analysts say investors are confident about the company jobs has built. >>> a surprise investment from warren buffett is expected to be a major lifeline for bank of america. buffett announced $5 billion investment this morning. he says bank of america is strong, and it's a well-led company and he wanted to invest in it. >>> the washington monument is closed indefinitely because of damage from tuesday's 5.# magnitude earthquake. a 4-foot crack in the monument and pieces of mortar fell in the observation area. repairs could take a while. >>> anderson? earthquake and hurricane irene and technical problems tonight. >> i know, we're having technical problems, aren't we? >> i know. >> you're handling it quite well, though. >> so are you. you haven't even broken out into a sweat. >> or a giggle. how about that. >> i miss the giggle. >> we'll have more.h my oys, and i'm like, "oh, promise mommy you'll never e
. >>> the stocks gained most of what it lost after steve jobs' resignation as ceo. they dropped sharply in after-hours trading when jobs announced he was stepping down. analysts say investors are confident about the company jobs has built. >>> a surprise investment from warren buffett is expected to be a major lifeline for bank of america. buffett announced $5 billion investment this morning. he says bank of america is strong, and it's a well-led company and he wanted to...
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. >>> apple stock today regaining most of what it lost after cofounding steve jobs stepped down as ceo. analysts say investors are confident about the company he built. >>> and a surprise investment from warren buffett is expected to be a major lifeline for bank of america. buffett announced the $5 billion investment this morning. he says bank of america is a strong, well-led company worth investing in. >>> up next, anderson's back along with chad myers for a late update on hurricane irene. renty riding the dog like it's a small horse is frowned upon in this establishment! luckily though, ya know, i conceal this bad boy underneath my blanket just so i can get on e-trade and check my investment portfolio, research stocks, and set conditional orders. wait, why are you taking... oh, i see. hey max, would it kill you to throw a guy a warning bark? [ dog barks ] you know i wanted a bird. [ male announcer ] e-trade. investing unleashed. [ male announcer ] they'll see you...before you see them. cops are cracking down on drinking and riding. drive sober, or get pulled over. two of the most imp
. >>> apple stock today regaining most of what it lost after cofounding steve jobs stepped down as ceo. analysts say investors are confident about the company he built. >>> and a surprise investment from warren buffett is expected to be a major lifeline for bank of america. buffett announced the $5 billion investment this morning. he says bank of america is a strong, well-led company worth investing in. >>> up next, anderson's back along with chad myers for a late...
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that's steve williams on the right. he and his new boss had a really good weekend. adam scott won the bridgestone invitational. williams carried the bag, never even swung a club, but he called it his greatest win ever. >> it's the most satisfying win i've ever had. no two ways about it. i'm not denying that. i mean, i was absolutely shocked that i got the boot, to be honest with you. i cared for the guy for 13 years, i was incredibly loyal to the guy and i got short-shrifted. very disappointed. >> that's coming from a guy at tiger's side when he won 13 majors. he was fired by woods last month. jim huber joins me now from the atlanta athletic club, site of this week's pga championship. you heard what steve williams said. did he sound a little bitter to you? >> just a little? you think? yeah, i think he was bitter. i think he's very upset at the way he was treated. i think that that particular divorce on tiger's part didn't go as anybody planned and so therefore, it was steve williams' chance to get him back. it was so rare to even see a caddie on camera. that just do
that's steve williams on the right. he and his new boss had a really good weekend. adam scott won the bridgestone invitational. williams carried the bag, never even swung a club, but he called it his greatest win ever. >> it's the most satisfying win i've ever had. no two ways about it. i'm not denying that. i mean, i was absolutely shocked that i got the boot, to be honest with you. i cared for the guy for 13 years, i was incredibly loyal to the guy and i got short-shrifted. very...
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Aug 20, 2011
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cnn educator -- education contributor steve perry takes us inside in this week's perry's principles. 8 26 national is a program with chapters across the country. we're with 826 valencia. kids get tutoring, attend creative writing workshops and watch their own books get published. >> what you doing there? >> there you go. >> it is housed in a pirates supply store. they're writing a story for a grumpy pirate named mr. blue. >> we promised them they could write a story. can we try? >> it better be a good story, exciting and suspenseful. >> they host field trips and they have a special focus on working with students with parents who don't speak english at home. today, they're all about creative writing. >> crocodile mixed with the rhino. >> and you are helping kids in this community use writing to do what? >> it all begins with writing. and so you have to build from that sort of basis. so the students that we work with, if their writing is great, it follows that everything else they would do from english to math to science. >> how much are they paying for this? >> it is all free. >> wow.
cnn educator -- education contributor steve perry takes us inside in this week's perry's principles. 8 26 national is a program with chapters across the country. we're with 826 valencia. kids get tutoring, attend creative writing workshops and watch their own books get published. >> what you doing there? >> there you go. >> it is housed in a pirates supply store. they're writing a story for a grumpy pirate named mr. blue. >> we promised them they could write a story. can...